The global humus concentrate market is currently valued at US$ 4.23 billion and is anticipated to expand at a CAGR of 4.6% to reach US$ 6.67 billion by 2032.
Together, Europe and North America account for more than 50% of the global humus concentrate market share.
Key Segments Covered in Humus Concentrate Industry Research
Humus Concentrate Market by Form :
- Powder Humus Concentrate
- Humus Concentrate Granules
- Liquid Humus Concentrate
Humus Concentrate Market by Function :
- Soil Structuring
- Drought Tolerant
- pH Regulators
- Growth Promoters
- Yield Promoters
Humus Concentrate Market by End Use :
- Soil Remediation
Humus Concentrate Market by Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
Competitors are aggressively exploring new mergers, acquisitions, joint ventures, and product development to acquire a competitive advantage in the market.
- To offer new solutions for the horticulture sector, Humintech became a trade partner with GreenTech, Amsterdam in the year 2018. The purpose is to respond to queries regarding fruit, flower, and vegetable innovation. This would even accelerate the market expansion of humus concentrate.